Publicly traded Red Hat Inc. has acquired business process management technology developed by Polymita Technologies. Terms of the deal were not released. Polymita is a Barcelona, Spain-based start-up.
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced it has acquired business process management (BPM) technology developed by Polymita Technologies S.L. The deal accelerates Red Hat’s entry into the BPM software segment and augments its JBoss Enterprise Middleware integration software offerings.
“Management’s Discussion and Analysis of Financial Condition and Results of Operations”
“The ability to change rapidly is an absolute necessity for businesses in today’s enterprise environment. Organizations that do not empower their business users to quickly and effectively modify automated business processes forfeit the ability to remain agile, competitive and relevant,” said Craig Muzilla, vice president and general manager of middleware at Red Hat. “Polymita’s technology enhances Red Hat’s JBoss Enterprise Middleware portfolio and specifically complements JBoss Enterprise BRMS and jBPM.”
Polymita, a Barcelona, Spain-based start-up, created a comprehensive BPM platform that empowers business users to become agents of change in their organizations. Its user-friendly interface and workflow capabilities are designed to enhance productivity and collaboration while increasing control and visibility over business activities.
Red Hat does not expect that this transaction will have a material impact on its financial statements for its fiscal year ending February 28, 2013.